Since the beginning of the year, there have been around 210,000 layoffs at big tech companies in the US. In November alone, there were 46,000 job cuts in the US, with Meta, Google, Microsoft and Amazon among the big techs that are implementing such massive layoffs.
The opening debate on Day 2 of the Summit began with Dr. Atsuko Okuda, Head of ITU Asia Pacific, and Toni Eid, Founder of Telecom Review Group, sharing ideas on a theme titled “Building the Asian Dream.”
The race to 5G continues amid its fast-growing deployments across the globe. It has developed two years faster than 4G since it was launched.
Telecom Review, in collaboration with du, hosted the 6th International Telecommunication Union (ITU) CxO meeting on December 6 at the Intercontinental Dubai. The hybrid meeting saw participation from TDRA, du, Huawei, Nokia, China Telecom, TELUS, ZTE, Orange, Senko, Rohde & Schwartz, APTelecom, Arab ICT Organization, IBM, and Sofrecom.
The global economy is forecast to be digitalized by 50% in 2025. Among the countries seen to have accelerated its digital transformation, Thailand targets to increase its digital economy to 50% by 2030. The Southeast Asian country has been among the fastest-growing digital economies in the region in the last two years. It has since started increasing its cloud technology to government agencies to 30% and to the private sector at about 70%. Data monetization is meanwhile predicted to multiply six times by 2030, and the digital economy is also predicted to generate 60–65 million new jobs as it develops in the future.
Under its annual theme “Global. Regional. Digital,” the 16th edition of the Telecom Review Leaders’ Summit successfully concluded its two-day gathering with the participation of a broad range of professionals, including telecom operators, telecom vendors, industry regulators, government officials, content providers, cybersecurity experts and consultants, among other attendees.
Submarine cables are essential infrastructure in the digital age. The subsea market continues to gain momentum, with forecasts predicting that submarine cables will scale in the coming years to meet ever-increasing data traffic and capacity needs.
While 5G is still unfolding and far from being ubiquitous, discussions on 6G technology are already ongoing. With new cellular technologies being introduced approximately every decade, 6G promises to be the newest hype, following 5G, that will take shape in the 2030s.
The ASEAN region holds tremendous digital business potential for global service providers, hyperscalers, content providers and OTT players. TM Wholesale is empowering them with comprehensive digital infrastructure solutions to provide a seamless gateway into the region.
The opening blog from Ericsson’s Data Driven Transformation series in partnership with FutureNet World.
